Global Neem Extracts Market Size Study, by Type, Application, and Regional Forecasts 2022-2032

Description

The Global Neem Extracts Market is valued at approximately USD 2.01 billion in 2023 and is projected to grow at an impressive compound annual growth rate (CAGR) of 15.09%, reaching a market size of USD 7.12 billion by 2032. Neem extracts, derived from the neem tree, are celebrated for their exceptional therapeutic and agricultural benefits. Known for their potent antifungal, antibacterial, and insecticidal properties, neem extracts are extensively utilized across pharmaceuticals, personal care, agriculture, and food industries. This growing demand stems from the increasing inclination towards natural and organic solutions, coupled with stringent regulations on synthetic chemicals.

The burgeoning awareness regarding sustainable agricultural practices has significantly driven the adoption of neem-based products in farming. Neem extracts, particularly in fertilizers and pesticides, provide eco-friendly solutions to enhance crop yields while mitigating environmental impact. Furthermore, the personal care and pharmaceuticals sectors are witnessing a surge in demand for neem-based formulations owing to their anti-inflammatory and healing properties. However, the market faces challenges such as fluctuating raw material supply and limited awareness in underdeveloped regions. Nevertheless, continuous advancements in extraction techniques and expanding applications across diverse industries present lucrative growth opportunities.

Regionally, the Asia-Pacific region dominates the neem extracts market, benefiting from abundant raw material availability and traditional knowledge of neem's applications. India, a key producer, plays a pivotal role in market growth through robust production capabilities and increasing export demand. North America and Europe are also emerging as prominent markets, driven by rising consumer preference for organic and sustainable products. Meanwhile, Latin America and the Middle East & Africa are experiencing steady growth owing to increasing agricultural activities and initiatives promoting eco-friendly practices.

The competitive landscape of the neem extracts market is marked by strategic collaborations, innovations, and geographical expansions. Leading companies are focusing on developing high-quality, cost-effective solutions to cater to the growing demand for neem-based products. With ongoing research and development activities, the market is set to witness transformative advancements, fostering sustainability and innovation.

In conclusion, the Global Neem Extracts Market is poised for exponential growth, propelled by increasing demand across sectors, sustainable agricultural initiatives, and advancements in extraction technologies. The dynamic market environment underscores the potential for innovation, making it a focal point for stakeholders aiming to capitalize on evolving consumer preferences.

Major market players included in this report are:

E.I.D. Parry India Limited
Parker Biotech
Neeming Australia Pty Ltd
PJ Margo Pvt. Ltd.
Gramin India Agri BusiNest
Ozone Biotech
The Indian Neem Tree Company
Agro Extracts Limited
Bros India Group
Certis USA L.L.C.
Fortune Biotech Ltd.
Group Biostadt
Nisarg Biotech Group
Bayer AG
UPL Limited

The detailed segments and sub-segment of the market are explained below:

By Type:

Leaf Extracts
Fruit and Seed Extracts
Bark Extracts

By Application:

Pharmaceuticals and Nutraceuticals
Personal Care
Agriculture and Farming
Food and Beverages
Others

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe (ROE)

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific (RoAPAC)

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa (RoMEA)

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Neem Extracts Market Executive Summary

1.1. Global Neem Extracts Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Neem Extracts Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Neem Extracts Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Natural and Organic Solutions
- 3.1.2. Rising Awareness of Sustainable Agricultural Practices
- 3.1.3. Surge in Personal Care and Pharmaceutical Applications
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Supply
- 3.2.2. Limited Awareness in Underdeveloped Regions
3.3. Market Opportunities
- 3.3.1. Advancements in Extraction Techniques
- 3.3.2. Expanding Applications Across Diverse Industries
- 3.3.3. Growth in Emerging Markets

Chapter 4. Global Neem Extracts Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Neem Extracts Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Neem Extracts Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Leaf Extracts
- 5.2.2. Fruit and Seed Extracts
- 5.2.3. Bark Extracts

Chapter 6. Global Neem Extracts Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Neem Extracts Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Pharmaceuticals and Nutraceuticals
- 6.2.2. Personal Care
- 6.2.3. Agriculture and Farming
- 6.2.4. Food and Beverages
- 6.2.5. Others

Chapter 7. Global Neem Extracts Market Size & Forecasts by Region 2022-2032

7.1. North America Neem Extracts Market
- 7.1.1. U.S. Neem Extracts Market
  - 7.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Neem Extracts Market
7.2. Europe Neem Extracts Market
- 7.2.1. UK Neem Extracts Market
- 7.2.2. Germany Neem Extracts Market
- 7.2.3. France Neem Extracts Market
- 7.2.4. Spain Neem Extracts Market
- 7.2.5. Italy Neem Extracts Market
- 7.2.6. Rest of Europe Neem Extracts Market (ROE)
7.3. Asia Pacific Neem Extracts Market
- 7.3.1. China Neem Extracts Market
- 7.3.2. India Neem Extracts Market
- 7.3.3. Japan Neem Extracts Market
- 7.3.4. Australia Neem Extracts Market
- 7.3.5. South Korea Neem Extracts Market
- 7.3.6. Rest of Asia Pacific Neem Extracts Market (RoAPAC)
7.4. Latin America Neem Extracts Market
- 7.4.1. Brazil Neem Extracts Market
- 7.4.2. Mexico Neem Extracts Market
- 7.4.3. Rest of Latin America Neem Extracts Market
7.5. Middle East & Africa Neem Extracts Market
- 7.5.1. Saudi Arabia Neem Extracts Market
- 7.5.2. South Africa Neem Extracts Market
- 7.5.3. Rest of Middle East & Africa Neem Extracts Market (RoMEA)

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. E.I.D. Parry India Limited
- 8.1.2. Parker Biotech
- 8.1.3. Neeming Australia Pty Ltd
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. E.I.D. Parry India Limited
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Parker Biotech
- 8.3.3. Neeming Australia Pty Ltd
- 8.3.4. PJ Margo Pvt. Ltd.
- 8.3.5. Gramin India Agri BusiNest
- 8.3.6. Ozone Biotech
- 8.3.7. The Indian Neem Tree Company
- 8.3.8. Agro Extracts Limited
- 8.3.9. Bros India Group
- 8.3.10. Certis USA L.L.C.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes